Manufacturing output, which accounts for three-fourth of factory output, contracted 2.1% in OctoberIndustrial production contracts 3.8% in October against 8.4% growth in September
2 min read12 Dec 2019While retail inflation unexpectedly eased to a 13-month-low in October, the volatility in IIP indicated that industrial recovery remained uneven and fragile
1 min read13 Nov 2018At 9.15am, the home currency was trading at 72.74 a dollar, down 0.33% from its Friday's close of 72.50
1 min read12 Nov 2018CPI-based retail inflation rose to 3.77% in September from 3.69% in August, index of industrial production (IIP) fell to 4.3% in August from 6.5% in July
2 min read13 Oct 2018CPI, a measure of retail inflation, fell to 5.07% in January from 5.21% in December while IIP, a measure of factory output, stood at 7.1% in December as compared to 8.8% in November
2 min read12 Feb 2018With farm incomes being under pressure after two years of bad monsoon, rise in rural prices could explain sluggishness in rural demand, and relative robustness of urban demand
1 min read22 Sep 2017Going by historical precedent, the slowing inflation makes a case for an RBI rate cut, and the global softness in commodity prices should further buttress that case
4 min read18 Jul 2017Chief economic adviser Arvind Subramanian cites paradigm shift in inflation, calls on RBI to go for a rate cut
4 min read13 Jul 2017Food and fuel, which have been kept out of the ambit of Goods and Services Tax, form the bulk of CPI basket but GST rates are applicable on services
1 min read5 Jul 2017RBI may have an inflation target of 4% but what it should be really worried about is the cost of achieving and maintaining a very low inflation rate
2 min read13 Jun 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared